Question: A few years ago, I individually loaned a friend a sizeable amount of money. Since there is no chance I will be repaid, can I report a tax deduction for the amount loaned?
Category: Tax Corner
Question: What is the most tax efficient way for me to put away a large sum for my grandchildren’s college education?
Question: Can I still make qualified charitable distributions from my IRA after the recent legislative changes?
Question: Given the possibility that the Federal estate tax exemption will decrease, should I make gifts now before the law changes?
Question: My company sponsors a 401(k) plan to which many of our highly paid employees are unable to contribute as much as they would like. What alternatives are available to avoid or minimize this problem?